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. >> samsung electronics operates a fifth straight quarter, but sales flip. >>> and government is on track for the austerity measures as angela merkel gives up -- for election. >>> and aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u.s. government over that very rescue. >> now 2013. >> it's been so long. how long has it been? >> months. >> better make the most of it, though. >> two days. >> yeah. two days. >> then it's onward. >> anyway, look, we're here. i still don't know what time zone and country i'm in. >> there was snow, right? >> there was. it was beautiful. >> on today's show, we hone in on samsung in seoul. i'm all frufterred because you're back. the electronic giant will expand its lead over apple this year. >> and we've got our chips in. and we'll head out to las vegas for the latest on the consumer electronics show. >> the trade deficit widens to its largest level in five years. >> and we'll get the latest from wall street on just how happy a new year bankers are likely to have. >> i hope it's not that happy. some wil
, not a month, every single day. that is what samsung is selling. why is the undisputed leader in the smartphones market. >> it is 12:00 noon in london, 7:00 a.m. in washington, d.c., 2:00 p.m. in the cairo, on a ridge with significance. two years from the uprising that toppled the mubarak regime, egypt democratically elected president, muhammad morsi, faces his own challenge. here is a live shot from the tahrir square, where thousands are gathered. it has been a tumultuous two years for egypt, marked by political infighting, protests, a deepening economic crisis. critics of president morsi 1 radical change to egypt's new constitution. we can cross live now to cairo to our correspondent. it is the two-year anniversary. one might think that would be cause for celebration, but it seems the mood is different where you are in tahrir square. >> yes, it is. president morsi called for today to be a day for egyptians to come together in celebration, but it is a different scene in tahrir square. let me show you friday prayers a short while ago. the numbers are into the thousands. if you
, l.g. and samsung talk about 4k televisions. give it a little time, and we'll all call it a better, sharper picture. in a thinner package, this tv is super thin with a slightly curved screen so everyone can see better. >> that's the best part when you bring in that five-degree curve. open the room up for the entire audience that's there. there's not a bad seat anywhere. >> reporter: another trend, greener tv sets. scoring higher ratings with environmentalist. >>. the whole manufacturing process from supply to they say like from trade told tracradle to cr designers consider, it the engineers consider it, and we make sure that everything that is easy to recycle, easy to take apart. >> big screens, big shows. but in the big picture, the tv-making industry is getting a little thin. we want to focus now on one gigantic global company making big inroads in the bay area. it's building new offices and hiring in silicon valley, not to mention its world-famous battle with apple. here's how samsung wants to be the next big player in the consumer electronics industry. with somewhere close to 1
plunging how can you invest in its smartphone rival samsung? tracy byrnes and ashley webster have the answers next on fox business. don't miss it. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tracy: good afternoon, i'm tracy byrnes. ashley: i'm ashley webster. apple falling hard. the stock dropping nearly 12% on fears the company, well, is losing out to smartphone rival samsung. that raises the question how can you invest in samsung? we're looking for options in moments. it is not that easy. tracy: it is not. there is no adr. the odd man out months after nasdaq and i.c.e. teamed up in a failed bid to take over the new york stock exchange, nyse and i.c.e. are going it alone. bob fwri felled shares his reaction with liz claman from davos. that is ahead. ashley: a dire warning from the economy from a top advisor to president bush. ed lazear is here. he says we need to take dressic action right away. nothing happens in washington right away. tracy: unless its hundred of orders, or vacations. tracy: as we do
business exclusive. also, samsung electronics, america president first on fox business, and a store in the music industry, 50 cent. and breaking news regarding boeing. they had problems yesterday, of course today's problem with the fuel leak, you can see these problems are taking a toll on shares of boeing, which are dropping, but also the news of united airlines. the same place affair took place in the japan airlines, the airline according to reuters found improperly installed wiring in electrical proponent associated with celery power unit that this is what the "wall street journal" is reporting, this is also coming from reute reuters, but the ntsb according to the "wall street journal" is reporting that the japan airlines boeing 78 787 suffered severe damage. liz claman standing by in las vegas for the latest on 50 cent and the power players. how are you doing? liz: we are doing so well, we're iweare in the south hall right . if you look around, this is the area they do a lot of audio. the big crowds everywhere, all different kinds of companies, some very well-known, all day long
. >> live continues to get harder for many. one company currently experiencing surprising growth is samsung. it has announced record profits driven by impressive sales of smartphones. success is putting pressure on apple which lost its slot today as the most valuable company in the world. our technology correspondent reports. >> six years ago, the iphone was unveiled by steve jobs and went on to define the smartphone industry. now samsung has grabbed the lead. it is a giant conglomerate that makes everything from televisions to washing machines. it is smartphones that have transformed its fortunes and now contribute more than half the profits. their offering new smartphone users the same experience as apple for less. >> we're offering an attractive experience at an affordable price. for those who want to use facebook and e-mail, they do not need to pay the top of the range to get those services. >> apple has delivered outstanding results this week, but its shares have slid amid worries of its ability to come to something new. in the last quarter of 2012, it made over 8 billion pounds in pro
to be a goodyear for south korea's samsung electronics. both sales and operating profit rose to records driven by strong sales of smartphones. samsung said sales rose 22% from the previous year to around $190 billion. operating profit was quite a jump. 86% to $27 billion. more than half of its profit came from smartphones. samsung launched many new models and posted higher sales in emerging markets like china. the strong yuan is weighing on samsung. company related losses could amount to roughly $2.8 billion. they say they will work hard to provide higher quality frouts become more competitive. that want does it for biz this week. let's check in now on the markets. >>> aviation authorities in the united states and japan are keeping an even closer contact these days. most of their discussion involve the 787 dreamliner. the boeing made plane has been grounded following a series of problems. the biggest involves the jet's batteries. nhk world bring us up to speed on the investigation. >> translator: investigators are hoping to find out why the battery in the 787 caught fire while the plane was on
in tech? i think nature here, apple is looking across at samsung, competing hard with samsung and starting to adopt sam sung's policies and practices and samsung is a broadband, more of a value brand and segment. melissa: looking right now, the market share, what we've seen and it has just been a huge jump. in 2011, samsung's market share was 22% to apple's 13. if you look what happened in 2012, samsung has jumped all the way to 31%, a huge jump. another 10%. meanwhile apple just ticked up two points, to 15. seems like samsung is really eating their lunch and apple should go back to what has worked for them, instead of trying to do this other thing, right? maybe they can't? maybe they're out of ideas? their trademark was amazing innovation. is that gone with steve jobs? >> well, what steve wozniak beliefs, when steve jobs passed a lot of people that created innovation with apple left the company and, but they were there to be with jobs. so the end result, what's left isn't capable of innovating like jobs innovated. the other issue though is recognize that porsche, doesn't compete with mark
. >> speaking of strong earnings, good news for apple rival samsung. it beat expectations, bringing a record 6.6 billion euros in profit in the fourth quarter. >> the new numbers were largely thanks to sales of its property galaxy -- popular galaxy line of smartphone. samsung is powering ahead, managing to ship 63 million smartphones worldwide, putting it well ahead of apple's iphone. despite the record-breaking quarter, samsung expects sales to taper off in 2013. >> strikes have continued at dusseldorf and cologne airport, causing a second day of flight cancellations and heavy delays. >> long lines formed at check-in areas while around 170 flights have been canceled so far. on thursday, august 2 hundred flights were canceled here the trade union is demanding a pay raise for staff at the airports, but try as i said to continue into friday evening. >> back to my part of the world. if it is not drought, it is the rains and floods. and a trillion teenager and his rescue had a dramatic escape in queensland. >> the boy was found clinging to a tree. his rescuer got him back to the river bank, but he
this past year. one of the companies was samsung semiconductor headquartered in korea. go biz persuaded samsung to locate their only research development in the world, the new facility in san jose will place up to 5,000 people in high skill high wage jobs. we also leveled the field on internet sales taxes with new jobs at amazon centers and patterson san bernardino and now tracy. this year, we should change both the enterprise zone program and the job hiring credit. they aren't working. we also need to rethink and streamline a regulatory procedure, and cut needless delays. [ applause ] california's export -- that gives the republicans something to cut. california's exports are booming and never stronger. it's deep. when the chinese immigrants crossed into the pacific in 1848 to the next president in los angeles last february. this year we'll take another step to strengthen the ties between the second and ninth largest economies. trade an investment mission to china with the council and open the trade and investment office in shanghai. central to the life of our state is water. and sits
one company specifically targeting the bay area, samsung, building and hiring in silicon valley as we speak, and as you know, giving apple's iphone a run for its mobile money. but samsung has a much larger plan than just phones. it wants to be all over your house. >> the thing about this refrigerator is our system. >> reporter: like this refrigerator. not merely used to keep things cool. also used to keep you informed. >> our new refrigerator has a screen on it. you can use it as a baby monitor. maybe you want to look up recipes or listen to pandora while you're cooking. all that can be done. >> reporter: and while the company gave us a sneak peek into its next-generation mouse which you'll control with hand gestures, it also fired up its newest vacuum cleaner because when you think about devices communicating with wi-fi, you undoubtedly think about your vacuum cleaner, right? >> our new vacuum cleaner does have a camera on it. and you can control it from your samsung smartphone. so when someone spills the chips at my house, nobody get up. i'll just have the vacuum come out and we'll
the cyberattacks on our nation's banks. connell: the man behind the iphone killer, samsung's chief product officer bringing his plans for the galaxy phone. dagen: a new court ruling on rfid tags at school and why your kids may have to wear them. connell: and more on this vicious flu outbreak is keeping both kids and their parents at home. dagen: don't look at me. i'm saying nothing. you should be appreciate the moment. connell: pretty much -- a lot of people have the flu, huh? that is a rare moment when you're quiet. dagen: do not come to work if you are that sick because i know you will wind up getting it. connell: that's how it spreads around. at the top of the hour we go to nicole petallides for stocks now and every 15 minutes. news on morgan stanley; right? nicole: right, let's take a look at morgan stanley. they are cutting 6% of their workforce. charlie gasparino was the first to report this, but they are going to do some job cuts. we're talking about 1600 jobs within institutional securities. more of the senior employees are probably the ones who will be looked at very closely. half in the
20% year to date. south korea's kospi added .4% helped by samsung electronics. australian shares rose for the 10th straight day. the longest rally since 2003. meanwhile, india's sensex is currently trading marginally in the green. ross, back to you. >> thank you. >>> jane foley is still with us. we want to ask about the australian dollar. this being one of the favorite currencies while china was growing and commodities were strong. what happens now? >> well, the australian dollar has been extremely resilient. this is counter to a lot of forecasts at the end of the year. they were, you know, china's weaker or the australian dollar is overvalued. australia has got to go down. the australian dollar has to go down. no, i mean, china data over the last month, two months, three months has improved -- doing better. perhaps they will cut rates bo there is a feeling that they still will next week. the resilience of the australian dollar comes back to the yield story. investors still want to buy yields. >> 104.37, down about .3 today. where do you see it midway through the year, 2013? >> i thin
the indecex. brian topeka saying there is a lot of anticipation behind what samsung might unveil next week. that's perhaps weighing on shares of apple in today's trade. hoou are looking for bright spots, take a look at social media. facebook continuing its rise. goldman sackes with a bullish note saying it sees facebook as promising. one of its friends in the social media space, zinga, also mooufing higher. after confirming earlier this week it is shutting down operations of 11 games. freeing up administration on zinga cloud. where it could launch new games in 2013. lastly, a lot of movement ahead of the j.p. morgan health coence next week. which is referred to as the super bowl of healthcare. one of the mover and shakers is expected to be celgene. we are seeing stocks higher than next week. >> thank you seema, very much. >>> to the bond market. find out what traders make of the latest jobs report. not to mention the bullard comment at the top of "power lunch." rick santelli at nyse. hi, rick. >> we were close to 197 1/2. we closed last week at 170. it's been 22 basis point week and for a
, what is the problem? is samsung coming in and eating up their market share? >> i think it is about a lot of different things. samsung a few years ago was a number two, number three player. this last year it has come to dominate the smartphone face. it is number one seller. look the market share in the last quarter. apple has 14.6% market share. melissa: wow. >> down from 23% and now samsung is the number one maker and shipper of global smartphones, 31.3%. this is all in the third quarter, according to idc. on top of this, this morning, smartphone just adds a trump card onto the mix. 100 million phones of the samsung s-series of smartphones. this took samsung less than three years to get to the 100 million unit mark. it took apple four years to do it. it is not able to compete with samsung in the way, not a one-horse show anymore really. >> i still use an old iphone. i think a 4. i wonder if iphone is saturated. i'm perfectly satisfied. is 5 much more fancier. melissa: i know people go in to get one, it is cheaper. there are more samsung options. you get wooed away from the iphone w
. that they could possibly be losing their grip because of the rise of android & samsung. there are so many different android/samsung and some are cheaper or even free! and also the rise of the phablet this galaxy notebook is a huge screen with a stylist is a large phone/small-cap but. it is catching on an apple does not sell one. also, the iphone 4 is possibly hurting the iphone 5 cell. and some consumers are taking advantage of a free iphone for and did not purchasing a bit more expensive by phone 5. however, they have not reduced their water for componentry for the iphone 5. this could all be a rumor and perhaps there are just years and the motions. this will tell us exactly what happened over the holidays. and they will probably clear up this chatter about componentry. gabe slate tech report ahead at 8-30. a violent weekend in oakland. more than a dozen people shot in separate incidents around the city. how the police department plans on slowing down the accelerating violence. and the flu outbreak starting to reach crisis levels in parts of the u-s. how hospitals in the bay area are wor
that could revolutionize the way we make things. this promotional video from samsung shows one view of the kind of gadgets but could emerge. paper thin, flexible, three- dimensional. there is a huge potential, according to the scientist who started the research. >> take any big-name, ibm, samsung, intel, all those companies are very excited about what can be done with this material, what this can be used for. >> graphine is seen as so valuable, it is now part of the global contest. there is a race to export it. britain was first to investigate this strange new substance, but it is not clear who will get the most out of it. quakes graphine, remember that name and remember that you heard it here first. that brings us to oppose. you can get updates all day on our website. from all of us here at world news america, thank you for watching. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship mana
between apple and samsung continues in a san jose courtroom. the two companies are fighting over trademark infidgegement claimses -- infringement claims. now apple wants an earlier ruling regarding the nexus smartphone in the u.s. they claim 19 of samsung's devices, including the galaxy and note products used apple patents. last august, a jury awarded apple $1 billion in damages. >>> target is going head to head with online retailers by turning its holiday price matching offer into a year- round promise. the nation's second largest discounter behind walmart announced today it will match prices -- on identical progress for stores like amazon.com. the list includes walmart, best buy, toys 'r' us and babies are us. the move follows disappointing holiday sales because of the online competition. >>> fisher-price is issuing a warning to parents about a possible mold problem for 800,000 newborn rock and play sleepers. that's after 600 reports of mold and treatment for 16 instants with respiratory reactions. parents should check for mold between the suit cushion and the hard plastic frame. if you
to use state grants to help cover the cost. >>> apple wanted the judge to order samsung to pay more than $1 billion the jury already awarded. the judge did not address samsung's request to have it reduced. >>> in just a few hours we will see the newest blackberry phone analysts say the blackberry 10 could save its maker research in motion. previews say the software works well. the new phone reportedly also has the ability to keep personal and work identities separate on the same phone. the unvailing happens in new york at 7:00 our time. >>> wildlife workers are trying to solve a mystery in san francisco's mission district. earlier this month is a coyote was discovered in a backyard near cap and 18 streets. the animal was dehydrated, flee infested, and ten pounds under weight. they are trying to figure out how the coyote ended up there. one theory it hitched a ride in the engine department of a vehicle. >>> sal is on his way here. we want to update you on traffic this morning. take you out to highway 4 bay point. you can see already getting a little crowded. those people have a long commu
to carry two separate devices. it's alreadya rage in japan and the success of the samsung galaxy node, a large smartphone, indicates more are headed here. but from the doesn't that stink file t fact that many men will not like the idea of carrying that. a smallpad like the ipad minifits in a woman's purse but won't r not in a man's pants pocket. . >> apple is already making the move. it has just announced it will start selling an ipad miniwith a built in cell phone in china this year. it willface a lot of competition from samsung which has a big head start. >> look at the animals, it's called apps for apes. it'sstarted by the out reach and they use musical apps and games and drawing. why is it important for our closest living relatives to play with this technology. >> all primates are really intelligent, especially the great apes so it's important to provide them with mental and physical stimulation. >> there are 13 zoos participating in this program if you have an old ipad you don't need you can donate it to the zoo. . >> and now, maryland's most accurate forecast is. >> let's
and then there's the samsung galaxy, it leads the iphone in sales and shows on its bottom line. in a three-month period, samsung forecast record profits of more than 8 billion dollars. meanwhile, a new cliff approaches faster than we thought. the government runs out of money on february 15th according to one think tank. so here we go again. a new countdown to disaster. deja vu all over again. "varney & company" is about to begin. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapr and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clnts in today. [ male announcer ] save on ground shipping at fedex office. # # >> >> apple may offer a low cost iphone in china the first half of this year from the tech publication digit times. however, the buzz at the consumer electronics show this year is all about samsung. charles payne is with me. i can invest in apple right now instantly. i can't do that with samsung. charles: you can't. there'
saw slow downs. apple and samsung, we love these companies because they had no europe last year, in china, no mexico. now we wish they had all three and there was business formation. let's focus on the other half of the equation. it's a little. where the money is going. last night china heads to one more marketable session. holy cow, courtesy of new attitude. the gold double digit growth is taking up the fxi. follow along, but it is taking up to the ancillary chinese place, like coach. did you see that today. rallying more than $2. we are seeing steady names in big commons. totalling chinese demand, truck demand. this one won't stop climbing. i say watch starbucks which is a gigantic expansion. i think it's going terrific clee. and that stock is taking a hit because of disassociation with the people's of republic, it's coming back strong. nike was hurt but that's becoming a thing of the past and buyers are piling in. the worst is over for certain at least in china. how about winn? nonetheless, steve win has put a lot of resources into mack could you macou. things are getting bet
from samsung, market share numbers are gaining for samsung, apple losing sales as far as the marketshare goes. doesn't that factor into what we hear from the component makers? >> it does and it doesn't. i haven't identified where the cuts are from. in quarter for apple did 50 million iphones. samsung did somewhere around 18 million galaxy, around 8 million note to mack. they did somewhere around 26 million so apple was approximately double samsung's true competitive area. apple does not compete at the low end or the mid-end, only the high-end. apples to apples comparison, apple is still twice the size. cheryl: one man's treasure is another man's trash. and in that kind of goes to apple and rim right now, a big jump in rim stocks given the component makers seeing a scale back from apple. does rim win? >> it is interesting. look at the universe of beaten down tech companies, hp, dell, nokia, that group has performed remarkably well in the last month. it has been stunning actually. we're seeing portfolio managers and hedge fund managers buy these things on high short inte
with cards, but the service will be suspended january 15. samsung's on a roll. in 2013, it could very well widen its marketshare lead over apple. that's what some analysts predict. with its larger multi- tier product lineup, samsung expects to sell 290 million smartphones this year, 75 million more than last year. apple? it hopes to sell 180 million smartphones in 2013. samsun's edge in the market is 33% over apple's 21%. microsoft's windows 8 has not been winning fans, but the u.s. department of defense is on board. the d.o.d. signed a three-year licensing agreement with a microsoft reseller to bring windows 8 and other products to 75% of its staff. the deal is worth about $617 million, and saves the army about $70 million in i.t. costs. the department of defense is already a microsoft customer. well that didn't take long. no sooner did northeast republicans excoriate their brethern in congress for not passing a sandy storm relief bill than the house turned around and passed the bill. the near $10-billion measure was quickly passed in the house on friday and cleared the senate by unanimou
by 0.8%. samsung and hyundai rebounded strongly on bargain hunting. after the bell, posco reported a slump in its q4 profit so we'll watch its shares reaction tomorrow. elsewhere, india's sensex is currently down by 0.3% after the rbi cut the interest rates for the first time in nine months. back to you. >> okay, sixuan, thank you. catch you a little later. >>> now joining us on the set is allan miller, founding partner at stm private. the top thing on everyone's mind, allen, welcome first of all. what's happening with markets? equities around the world and a lot of other markets are at multi year highs. they're on these winning streaks. yesterday we saw that start to break down. is there a significance to that? >> we never look on a one-day view. if you look further out, there's substantial value in equities compared to bonds. but when you actually look at the sharp rise as we've had in the last few months, it's not unusual for some of that to be basically given back. and if you look at the volatility of markets, the vix, it's down to the lowest level it's been for years and years
-team" is your next. smart phone wars. apple used to be the smartest. samsung galaxy as is going all mensa. we will be talking with senior editor eric castle ball next's a ♪ his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red bl
of samsung. >> supply chain did get worked out. >> possible that expectations were too high to begin with? this was a stock last career that could do no wrong and the expickses were possibly at the stage we don't do it rival. injuriesors expects a lot more because they depend on innovation. >> people were kiss accounted on the sale numbers. let are the the competitive land way. i feel like they are in fablet describe. apple is not giving that to them. >> i don't think a lot of people want big-screen phones. what is this galaxy note? it's huge. 5.5 inches. i do agree. they need to get in and release more than one phone a year because ore ways they will get stomped by samsung. be aggressive in china and areas where you can have access to 7.5 million subscribers there. >> the feeling was that steve jobs was apple. are you in denial at this point that losing such a -- i mean, how do you even quantify what he meant to that company in terms of innovation and operation that he's still gone. >> a design guru and going to kweet quality. >> what was steve jobs really good at? not only innovation bu
to be growing largest competitors samsung reported mrof fitprofit increasing in large part because of the galaxy phone. and cheaper smart phones. is that something apple should do? >> we talked about samsung three or four months ago. they had a bullseye on their back so they could sell the products at large margins. cheap competitors come into the market develop a better product at a lower cost. what they are doing is going after the lower end of the spectrum of these phones and mo more important the international market. not everybody can afford a 5, $600 phone. samsung they are taking market shares. >> apple has said they will not reduce lower products to pursue consumers interested at a low price point. >> that's their stand. >> i want to ask you about the possible child labor concerns in chene gn china. how do you think that will effect the stock? >> they are one of the solid companies in trying to do things the right way. this is an area in terms of manufacturing they have gone a long way to try to do it the right way. there's always going to be a in the oyster. apple thought they had this
this forward. facing tense competition from apple and samsung. as i really have the product of innovation to keep it competitive. the stock is down about 35 percent over the last 52 weeks. he is now saying that he is shepherding several projects parcel himself. does not get caught up in bureaucracy. does not suddenly fade away. coming out of the tokyo headquarters. a great interview with him and really said, where are the real products that everyone has talked about? we all remember our sony walkman this command. it really being competitive to apple and samsung and such. it certainly seems like he is ready to take sony. liz: the number one question which was right on the money, and now we see, what about the naysayers who really feel like to have not gotten up to the spark elise samsung's of the world and, of course, the apples. you would have had it right here. argue still on the sideline? is it time now for you to get off the sideline to make it into the game, get your hands on the ball? told u.s. trading volume, we thought this the -- this would really articulate. the volume has been o
features. gerri: what about samsung? >> samsung is amazing as well. they have apple and google and facebook. samsung outsold apple's iphone to that one. gerri: times people here think that the iphone is the only thing to buy. but not everybody agrees with that. >> the android is 73% of the global market. the iphone is the minority. gerri: thank you for coming on tonight. we appreciate your time and help. still to come, my "two cents more" on former pesidents. and apple has been tumbling. dangerously close to 52 year lows. find out what happens next. gerri: up gerri: technology stocks making headlines today. in the last segment we told you about facebook's new search feature. investors were not too impressed, they got a lot of attention here. apple and dell. from on the technology doctor, i am joined by gary kaltbaum. i can't help myself. i want to hear what you think about the facebook announcement. we have to start there. >> i think the biggest problem is they set the big media, supposedly it's going to be the end-all, be-all, it's just a little bit better search. now we are going to wait
of an exciting opportunity for people, and do you not then go to samsung which you know are very smart people developing organic led television as well? >> samsung is a wonderful company bringing out wonderful products and i have spent a lot of time with our asian team following samsung that it is easy to underestimate the culture of innovation apple has. we think about the company. the people running apple now are the same folks who help bring out the ipod, iphone, ipad and we'll have more tricks up their sleeve. i expect an apple tv and more screen sizes for the phone and proliferation of the lineup. what could be considered boring is also an attribute for the company when you think about the high repurchasing that people have. you're locked into that ecosystem, you have a 90% repurchase intention and that makes it more of an annuity like business. their prior guest talked about dividends, 2% dividend yield, this is a very stable company with great cash flow. one of the lowest valuations in the entire stock market. liz: there is a rumor out there in a couple of blogs in a couple of articles
: their products are sold in a wide range of phones from the samsung galaxy to the iphone. shibani joshi joins us now. shibani: qualcomm is the number one supplier of wireless chips and we're pleased to be joined by the ceo of qualcomm, thank you for coming on. thank you for being with us today on a very busy, busy day. a very busy week certainly for you. >> thank you for having me with you. shibani: yesterday you gave the keynote at replacing steve ballmer and bill gates. a mobile company is a keynote at a consumer technology show. what does that symbolize in terms of the direction the consumer technology? >> everybody knows a smart phones have become so popular. mobile computing, computing is going mobile so microsoft built the new windows on top of our chips for example, so it is just now we will see it enabling technology. in particular consumer electronics. tvs, game consoles, all those things we traditionally think in consumer electronics. shibani: you are sort of the brains behind that technology. it is sort of the meaning that the horsepower, the engine is the driver for things rather tha
it to be different this time i don't know. but now android is samsung there's one guy half of all the units in north america. samsung. >> one company, a south korea company is one half of all the android operating systems in america? >> the same size as apple on a unit basis so if you're an applications developer you look at apple as more attractive because people pay a lot of money for xwraps and not so much on android. part is because there aren't as many apps and they don't work as well because it's harder to make one app work across everything. now that samsung is big i think he developed for samsung only which means google is going to lose control of their own operating system. they've already lost control of the part done by amazon so i would have -- the thing that's so amazing to me is that the big companies have huge opportunities now. microsoft owns skype, the telecommunications, the most important telecom system in the emerging world they have 400 million active users which is more than e number users of windows these days. >> rose: 400 million -- >> like over a hundred million who pay the
of the company say, all right, let's take a hard look before we switch out. >> it's not even apple or samsung. in terms of global market share, the top five, i mean, r.i.m.'s not up there, but zte is up there, along with samsung and apple. it's not just samsung and apple versus r.i.m. at all. it's r.i.m. versus everybody else. >> 79 million subscribers. >> market share for these guys, 5%. two years ago, 20%. i mean, a lot has gone on while they have been trying to get this thing ready. the question is, how much has android and ios taken out of the room. we will see. the presentation at 10:00. jon fortt has tried out the software and is relatively impressed. they'll not show their super bowl ad, so they say. we'll find out. jim, you are the ray lewis of our team today. you're playing hurt. you got the big brace on your arm, but this time it's your voice. you're amazing. >> san francisco, watch out. >> well, talk about missions, let's talk about amazon. set to open at new all-time highs. the online retailer is better than expected profit margins, that is the key story here. as we said earlier a
. it doesn't have samsung written on it or one of these on the back, one of the apple logos and at the end of the day that's all that matters. >> i don't know there aren't that many people. apple and samsung, a lot of purists that want to stay there. i feel at this point it's a little too late. nothing stands out or is really fantastic about this device. people who went to the iphone would think about going back because they may have been frustrated with the keyboard on ios, a really good keyboard on the blackberry 10 but i don't know if it's enough to bring back the masses of people they need to rebuild themselves as a company >> you like it but don't think it's a game-changer? >> absolutely. need to come out with a big blockbuster and what they have is a nice phone, really nice in every regard but not really a standout in any way. michael copeland, what's your take? >> this remains me a little bit of palm when people got excited about the new operating system and slick and multitasked. people didn't care. web-os disappeared. this may be something similar. reviewers like it but there's to
they could snap photos. >>> and samsung is generating buzz about its new line of tvs. the company claims the new devices will have unprecedented shape and design leading to speculation they could be vertal and transparent. those -- vertical and transparent. those are your techbytes, i'm rob nelson. >>> thanks for staying with us. the home burns as crews struggle to find a working fire hydrant. this happens on detroit's west side. the flames raced through the home while threatening an occupied house next door. the closest hydrant had a sign on it reading out of order. firefighters say threads are made of brass and the scrapers are stealing them. the scrappers rather. they had to move on to the third one. >> last couple of weeks, five, six fires on one street. hydrants not working. and when they take them so long to get here. pretty sad. >> fortunately no one was hurt in the fire and the home next door was saved with nearly no damage. so this was a situation could have been much worse megan. >>> all right charlie now 6:14 and after facing a fire storm of criticism, house speaker john boehn
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